First Guaranty Bancshares, Inc. 8-K Filing: Stock Insights & Updates

Here's a concise analysis of the key information extracted from the provided financial report segment:

Entity Information:

Company Name: First Guaranty Bancshares, Inc.
CIK: 0001408534
Location: 400 East Thomas Street, Hammond, LA 70401
Contact Number: (985) 345-7685

Filing Details:

Filing Type: 8-K
Filing Date: December 19, 2024
SEC Central Index Key (CIK): 0001408534
SEC File Number: 001-37621
Employer Identification Number (EIN): 26-0513559

Stock Information:

Common Stock: Par value of $1
Ticker Symbol: FGBI (NASDAQ)
Preferred Stock: Depositary Shares representing a 1/40th interest in a share of 6.75% Series A Fixed-Rate Non-Cumulative perpetual preferred stock
Preferred Stock Ticker Symbol: FGBIP (NASDAQ)

Stock Classification:

Common Stock: Classified under the US GAAP as Common Stock.
Preferred Stock: Classified as Noncumulative Preferred Stock, which typically indicates that the preferred dividends do not accumulate if not declared.

Reporting Period:

Start Date: December 19, 2024
End Date: December 19, 2024

Insights:

This filing appears to convey standard information related to the issuance or classification of the company's stock, particularly focusing on their common and preferred stock offerings.
The presence of both common and noncumulative preferred shares suggests a strategy to attract different types of investors, offering fixed income through preferred shares while maintaining equity through common stock.
The filing date of December 19, 2024, indicates that this is a recent or upcoming reporting event, which may be important for investors looking to understand the company's current financial position and stock structure.

Overall, this report segment provides essential details about First Guaranty Bancshares, Inc.'s stock offerings and serves as a notification of a significant corporate event or change, typical of an 8-K filing.